Homeowners in the 50 largest U.S. metros now spend an average of 7% of their monthly housing costs insuring their homes, according to the latest ValuePenguin by LendingTree study.
Tag: Insurance
Realtor.com: Recent, Prospective Homebuyers Stressed About Insurance Affordability
Realtor.com, Santa Clara, Calif., released a new survey finding that 75% of recent and prospective homebuyers believe homeowners insurance could become unaffordable for them.
Insurify: Hidden Costs Add More Than $21,000 Annually to Homeownership Cost
Non-mortgage expenses such as home and flood insurance and property taxes add more than $21,000 annually to the cost of homeownership on average, according to Insurify, Cambridge, Mass.
ICE Mortgage Monitor: Property Insurance Costs Continue to Grow
ICE Mortgage Technology, Atlanta, released its ICE Mortgage Monitor Report, highlighting a continued surge in property insurance costs.
Cotality: Taxes, Insurance Appear to Drive Some Increase in Serious Delinquencies
Cotality, Irvine, Calif., released a new report analyzing the effects of property taxes and insurance in states seeing upticks in serious mortgage delinquencies.
ValuePenguin: Two-Thirds of Home Insurance Policyholders Say Rates Rose Last Year
ValuePenguin, a division of LendingTree, Charlotte, N.C., found that two in three home insurance policyholders say their rates rose in 2024.
LendingTree: 13.6% of Homes Are Uninsured
LendingTree, Charlotte, N.C., reported approximately one in seven homes across the U.S. are uninsured.
ICE Mortgage Monitor: Property Insurance Rates Affecting Trends
Intercontinental Exchange Inc., Atlanta, released its March Mortgage Monitor, highlighting the effects of increasing insurance costs on housing trends.
Christine Chandler: For Servicers, Challenges, Opportunities Abound
Christine Chandler, 2025 MBA Chair-Elect and Chief Credit Officer and Chief Operating Officer at M&T Realty Capital Corp., discussed hot topics in the servicing industry during her opening remarks at MBA’s 2025 Servicing Solutions Conference & Expo.
MSCI: Insurance Taking Bigger Bite from Commercial Property Income
Higher insurance premiums are increasing commercial real estate operating costs and cutting into net operating income, according to MSCI, New York.